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Monday, August 04, 2003 10:44:46 PM
LSI, MOT, MU, MXIM, NSM, NVLS - 6 Month Daily Charts:
On a technical basis, the SOX has formed an ascending triangle this past month. This formation is developed when the highs remain constant, with the lows moving higher. This consolidation pattern normally precedes a large breakout move for the stock or index. This is something to keep an eye on.
http://www.optionetics.com/articles/article_full.asp?idNo=8829
On a technical basis, the SOX has formed an ascending triangle this past month. This formation is developed when the highs remain constant, with the lows moving higher. This consolidation pattern normally precedes a large breakout move for the stock or index. This is something to keep an eye on.
http://www.optionetics.com/articles/article_full.asp?idNo=8829
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